Bloomberg Ericsson presented its latest 5G, IoT and Cloud solutions at the 7th edition of the leading ICT event in Bahrain (BITEX), which is being held from February 7- 9. BITEX Bahrain was a great opportunity for Ericsson to introduce its capabilities and vision of the Digital Transformation journey, along with the introduction of 5G and IoT to the …

  DUBAI / Emirates Business Sony’s new RM-IP500 remote controller gives operators easier and more intuitive control of its latest pan-tilt-zoom (PTZ) cameras in a range of applications including lecture capture for education, event production and broadcast. The RM-IP500 controller is designed to work with Sony’s new BRC-H800, BRC-H900, BRC-X1000, and SRG-360SHE PTZ cameras as well as the new MCX-500 …

  Bloomberg In the 2003 documentary Living With Michael Jackson, the late King of Pop was filmed shopping for art and furniture in a Las Vegas store, pointing at things he liked and walking out, leaving his handlers to settle the bill. Now, a startup in Japan is trying to make that retail experience a reality for everyone. Primo’s app …

  Bloomberg Apple Inc. has stepped up its battle with Australia’s banking industry over the future of mobile payments, accusing an industry consortium of attempting to “delay or even block” the expansion of Apple Pay into the country. In its latest submission to the Australian Competition & Consumer Commission, Apple said it was concerned banks are seeking to “delay the …

  DUBAI / Reuters Strong corporate earnings in Egypt and Dubai buoyed those markets on Tuesday, while Kuwait continued pulling back on profit-taking after a bullish run last month. Cairo’s Palm Hills Development soared 9.2 percent to 3.08 Egyptian pounds after it reported fourth-quarter consolidated net profit after minority interests of 235 million pounds ($12.7 million) versus 169 million pounds …

  Bloomberg U.S. stocks climbed on Tuesday as investors assessed data on the country’s trade deficit and continued to sift through earnings reports for clues on the economy’s health. The S&P 500 Index added 0.3 percent to 2,299.32 at 9:45 a.m in New York, while the Dow Jones Industrial Average climbed 100 points to an intraday record of 20,149. The …

  Bloomberg Turkish stocks could still have another 10 percent to gain, despite a rally so far this year that has propelled them to a place at the top of global indexes. A combination of depressed valuations, central-bank efforts to support a declining currency and improved sentiment toward riskier assets has driven the benchmark Borsa Istanbul 100 Index 12 percent …

  DUBAI / WAM The future is in the hands of UAE youth, and they are the bet of the country for a brighter future, said Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, during a toured on Tuesday of the Youth Achievements Exhibition. The event is organised …

  DUBAI / WAM Ministry of Finance (MoF) will highlight UAE’s leading financial and economic model and the importance of strengthening financial ties with the Arab nations and others during the World Government Summit (WGS) 2017. The summit which is being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the …

  DUBAI / WAM Dubai Supreme Council of Energy (DSCE) reviewed progress on several key projects, initiatives and programmes, including the World Green Economy Organisation, a hydroelectric power station in Hatta, and the Dubai Green Mobility initiative. This came up at council’s 43rd meeting, which was chaired by Saeed Mohammed Al Tayer, Vice Chairman of DSCE. The meeting discussed important …